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The left’s embrace of modern monetary theory is a recipe for disaster. Lawrence Summers, March 4, 2019, Opinion, “We’ve seen this movie before. There is widespread frustration with the performance of the economy. Traditional policy approaches are not delivering hoped-for results. A relatively unpopular president is loathed to an unusual extent by a frustrated opposition party that lost the previous presidential election while running a pillar of its establishment. And altered economic conditions have led to the development of new economic ideas that reflect a significant break with previous orthodoxy.” Link

GrowthPolicy.org pulls together recent research by Harvard faculty about economic growth. Our goal is to disseminate Harvard research to a broad audience in order to inform debate about the role of policy in achieving stability in our financial systems and shared, sustainable economic prosperity. GrowthPolicy.org is a project of: